Data analytics deconstructs and examines data for useful patterns and trends to help companies save money, increase revenue, optimize efficiencies, and connect with customers. Natural language processing (NLP) is an emerging trend in data analytics which allows users to perform queries in natural human language with either voice or written input. This technology is aimed at making data analytics accessible to a more diverse cross-section of professionals, including front-office workers.
Augmented analytics is the use of artificial intelligence and machine learning to automatically comb through data, analyze it and return actionable insights. This method takes a fraction of the time of manual analysis and has the potential to reduce the need for data science and machine learning experts. While known for its role in cryptocurrency, blockchain technology has the capability to enhance predictive analytics because it verifies data validity, preventing false information from being included in analyses. Data fabric, which enables seamless data sharing across a distributed network is another emerging trend. Leveraging data fabric, data analytics applications can incorporate data from a variety of sources and make beneficial connections using all data streams. Data fabrics can help an organization eliminate data silos and enable simpler and unified data management.
At this juncture, there are a wide variety of solution and service providers entering the industry with a set of advanced data analytics offerings. To help companies navigate through the best-of-breed data analytics solution and service providers, CIO Applications has compiled a list of ‘Top 10 Data Analytics Solution and Service Providers– 2020.’ The enlisted organizations offer advanced data analytics solutions that help drive revenue and customer loyalty up, waste and inefficiency down, and the competition to wonder how they got left behind. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIO Applications’, “Top 10 Data Analytics Consulting/Service Companies - 2020.”